Visit FedSmith.com to subscribe to our free email list!

Contractor Indicted for Stealing Over $1 Million from the Postal Service

A federal contractor has been indicted for allegedly stealing over $1 million from the Postal Service via a 3+ year scheme.

A federal contractor has been indicted for allegedly stealing $1.2 million from the Postal Service according to an announcement from the Justice Department.

Michigan based contractor Michael Rymar faces charges that his company, Horizons Materials & Management LLC, was awarded with over $5 million in contracts for repairs on Postal Service buildings between 2015 and 2018.

According to the indictment, documentation Rymar provided to win the contracts contained false and fraudulent statements, oftentimes dramatically and falsely overstating the amount he paid subcontractors to complete the repairs. Rymar also falsely inflated the amount he paid his own employees and the cost of materials on USPS jobs. Ultimately Rymar stole over $1.2 million from USPS out of the $5 million in contracts he was awarded according to the indictment.

Rymar faces a maximum of ten years in prison and a fine of up to $250,000. The federal government is also seeking recovery of at least $1.2 million in embezzled funds as part of the indictment.

About the Author

Ian Smith is one of the co-founders of FedSmith.com. He enjoys writing about current topics that affect the federal workforce.

Leave a Comment